Correct Answers: | |

Wrong Answers: | |

Unattempted: |

### Question 1

A merchant is selling cloth at a profit of 254%. If the cost increases by 18%, but he continues to sell at the same price, then what is the new profit percentage?

**A**

200%.

**B**

300%.

**C**

100%.

**D**

400%.

**Soln.**

**Ans: a**

Let the cost price be CP. Then the SP = CP x (1 + $254/100$) = $354/100$ × CP. New CP = (1 + $18/100$) × CP, which is $118/100$ × CP. New Profit% = (SP/CP - 1) × 100, which is $(({354/100 × CP}/{118/100 × CP}) - 1) × 100)$, which becomes $(354 - 118)/118$ × 100 = 200%.

### Question 2

What should be the marked price of an item if a profit of 125% is to be made after allowing a discount of 25%?

### Question 3

When an item is sold for Rs. 49000, a loss of 55% is incurred. What should be the sale price to earn a profit of 125%?

### Question 4

An article was purchased at ${3/50}$ of its marked price. Later it was sold at a 25% more than the marked price. What is the profit percentage?

### Question 5

A loss of x% is incurred if an item is sold for Rs. 6200. But if the same item is sold for Rs. 13600 a profit of x% is earned. At what price should the item be sold so as to earn a profit of 15%?

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This Blog Post/Article "Profit and Loss Quiz Set 005" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Updated on 2020-02-07. Published on: 2016-04-24